MUMBAI: Nearly three years after splitting from its Silicon Valley parent Sequoia Capital, Peak XV Partners (formerly Sequoia Capital India and Southeast Asia) has raised $1.3 billion for a clutch of funds to bet on startup founders building in India and the broader APAC region. The capital will be deployed across three funds–India seed, India…
India found itself directly referenced in a landmark US Supreme Court judgment limiting presidential tariff authority, after justices examined how tariffs imposed under emergency powers were used as tools of foreign policy– including pressure linked to Russian oil imports.The ruling in Learning Resources, Inc. v. Trump held that the International Emergency Economic Powers Act (IEEPA)…
Thousands of US businesses scored a major victory after the US Supreme Court struck down emergency tariffs imposed by President Donald Trump. However, while companies welcomed the decision, the process of getting refunds worth billions of dollars is expected to be slow and complex.In a landmark ruling with global economic implications, the court said Trump…
US stocks traded with modest gains in tentative trading on Friday after the Supreme Court struck down President Donald Trump’s sweeping tariffs, a move that had previously contributed to market volatility, AP reported. The Dow Jones Industrial Average rose 128 points, or 0.3 per cent. The S&P 500 gained 0.4 per cent, while the Nasdaq…
Growth in India’s eight core infrastructure sectors slowed to a two-month low of 4 per cent in January, according to official data released on Friday, reflecting weakness across most key industries. The growth rate stood at 5.1 per cent in January 2025 and 4.7 per cent in December 2025, PTI reported.Crude oil and natural gas…
US economic growth slowed more than expected in the final quarter of 2025, official data showed on Friday, marking a softer end to the first year of Donald Trump’s return to the presidency.The world’s largest economy expanded at an annualised rate of 1.4 per cent in the October–December period, according to estimates released by the…
National Highaways (File photo- PTI) Commuters on National Highways may soon have to rely entirely on digital payment modes at toll plazas, as the National Highways Authority of India (NHAI) is considering phasing out cash transactions nationwide.Post implementation, all toll payments at National Highway fee plazas will be processed exclusively through digital modes using FASTag…
Gold is not just another metal. For centuries, the yellow metal has been a symbol of safety and stability, serving as a reliable hedge when markets turn volatile. Centuries ago, kings hoarded it to display their power, then, as nations modernised, central banks began stockpiling gold to shield their economies against crises. But recently, gold…
Mumbai: ICICI Prudential Pension Funds Management Company has launched the country’s first Swasthya Pension Scheme under the regulatory sandbox of the Pension Fund Regulatory and Development Authority, seeking to help subscribers build a long-term retirement corpus while creating flexibility to meet medical expenses.Speaking at the launch, PFRDA chairman Sivasubramanian Ramann said that the critical feature…
Whatever the verdict, the case is already forcing an on-the-record look at how a top-tier advisory firm defines “essential” in a profession. (AI image) A Manhattan federal jury is about to take up an unusually blunt workplace question: Can an investment bank lawfully fire a junior banker who insists on a protected sleep window as…